(a) ABC is a company that manufactures computer desk. The total costs (in RM'000) when x...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
(a) ABC is a company that manufactures computer desk. The total costs (in RM'000) when x units of computer desk are produced is given by C(x) = 12x 3 - 198x 2 + 1080x Find the level of x that the cost is at the minimum. What is the minimum cost? (8 marks) (a) ABC is a company that manufactures computer desk. The total costs (in RM'000) when x units of computer desk are produced is given by C(x) = 12x 3 - 198x 2 + 1080x Find the level of x that the cost is at the minimum. What is the minimum cost? (8 marks)
Expert Answer:
Answer rating: 100% (QA)
To find the level of x that minimizes the cost we need to find the value of x at which the derivativ... View the full answer
Related Book For
Posted Date:
Students also viewed these finance questions
-
Semnet Technologies (SET) is a listed company that manufactures computer microchips and transistors which started operating in Namibia in 2009. The company has been performing quite well and its...
-
The Hampshire Company manufactures umbrellas that sell for $12.50 each. In 2014, the company made and sold 60,000 umbrellas. The company had fixed manufacturing costs of $216,000. It also had fixed...
-
The companys overhead costs of 108000 are allocated based on labor cost Assume 4000 units of product A and 5000 units of Product B are produced What amount of production costs would be assigned to...
-
A 32- resistor and a 20- resistor are connected in parallel, and the combination is connected across a 240-V dc line. (a) What is the resistance of the parallel combination? (b) What is the total...
-
Binary search of a sorted array takes logarithmic search time, but the time to insert a new element is linear in the size of the array. We can improve the time for insertion by keeping several sorted...
-
Find Io in the circuit shown. 12 A 4 12 4 12 4
-
If the yield to maturity on a one-year bond is 8 per cent and the expected spot rate on a one-year bond, beginning in one years time, is 7 per cent, what will be the yield to maturity on a two-year...
-
Monterey Co. makes and sells a single product. The current selling price is $15 per unit. Variable expenses are $9 per unit, and fixed expenses total $27,000 per month. Required: (Unless otherwise...
-
The Saunders Investment Bank has the following financing outstanding. Debt: 50,000 bonds with a coupon rate of 8 percent and a current price quote of 108; the bonds have 20 years to maturity. 220,000...
-
Given that Y ~B(7, 0.6), find: a. P(Y = 7) b. P(Y = 5) c. P(Y 4) d. P(3
-
12. Let u and v be column vectors of length n. Define A = square matrix of order n x n. (a) Give the general element Ai,j. What is the cost in number of operations to create A from u and u in the...
-
Some commentators have argued that what is equal or equitable should be determined, at least in part, by looking at future results. Viewed from this perspective, a division that appears equal or fair...
-
Michael Schmitz and Christina Schmitz married in Juneau in January 1999. The couple's child, Johnathon, was born in March 1999. While Christina and Michael were married, Christina was Johnathon's...
-
This cause is before the court on rehearing, the wife having appealed from those portions of the decree awarding a divorce to the husband and the sum of \(\$ 600\) per month as alimony to the wife...
-
With no-fault divorce, a spouse usually can obtain a divorce because he or she no longer loves the other spouse. Should this be permitted over the objection of a spouse who claims to still be madly...
-
Here's another hypothetical: Two parents divorce. Dad has custody of the two children, ages two and four. He works half-time. Mom is a corporate executive and hates her work. She earns a good salary...
-
Given the following information, construct the firm ? s balance sheet: Cash and cash equivalents $ 3 6 0 , 0 0 0 Accumulated depreciation on plant and equipment 1 , 0 0 0 , 0 0 0 Plant and equipment...
-
Explain why each of the following is either a private good or a public good: traffic lights, in line skates, a city park, a chicken salad sandwich, a tennis racket, national defense, a coastal...
-
Consider the Married Couples Heights scatter diagram presented in Height Compatibility on page 613: a. Calculate r. b. Set a 95% confidence interval for r. c. Test for a significant positive...
-
According to a May 2009 Harris Poll, 72% of those who drive and own cell phones say they use them to talk while they are driving. You wish to conduct a survey in your city to determine what percent...
-
Fear of darkness is a common emotion. The following data were obtained by asking 200 individuals in each age group whether they had serious fears of darkness. At a = 0.01 do we have sufficient...
-
A sales manager must assign each of eight salespeople to one of eight different regions. He has asked the salespeople to rate their choice of regions in order, with 8 representing their most...
-
Denote the pdfs in Exercise 2 by \(f_{1}, f_{2}, f_{3}\), respectively. Suppose that \(X\) is simulated via the two-step procedure: First, draw \(Z\) from \(\{1,2,3\}\), then \(\operatorname{draw}...
-
This exercise is to show that the Fisher information matrix \(\mathbf{F}(\boldsymbol{\theta})\) in (4.8) is equal to the matrix \(\mathbf{H}(\boldsymbol{\theta})\) in (4.9), in the special case where...
Study smarter with the SolutionInn App